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As an undergraduate student at Harris-Stowe State University, I have conducted an essay for World Affairs in regards to how the world has become much more interdependent and interconnected. There are a variety of factors that have contributed to these changes such as the globalization of transportation and communication, economic globalization, and cultural globalization. Throughout this paper I will explain what each concept is and how the effect it has on the world. To better familiarize exactly what globalization is the text defines it as a multifaceted concept that represents the increasing integration of economics, communications, and culture across national boundaries. In addition to globalization, globalism is another key term that the text defines as the view of the world as a whole, a single unit with many commonalities and connections that cut across political borders, national identities, and cultural differences. I will also discuss globalization in terms of the impact it has on the different parts of the world according certain circumstances.
Little do we recognize, but globalization is all around us. The basic concept is that there are bits and pieces of things ranging from the food to clothes and even to this electronic device I am able to conduct this paper on. Contributions from all over the world have come together in an effort to make the simple things in life possible. Without technological change and government policy globalization would not exist. Technological advances are crucial because it deals with the distance and speed that is used to get items such as money, trade exchanges, people, and merchandise from one place to another in a timely manner regardless of distance. For example, centuries ago expediting goods from Europe to Taiwan on a ship could take months; now goods can be flown on an airplane within a matter of hours thanks to global transportation. The second factor is government policy. This aspect is vital due to economics-we all are aware that revenue make the world go round. Without government policy countries would be still be in disastrous predicaments similar to those after World War I when countries were attempted to protect their economies from foreign competition by institution trade restrictions in the form of high tariffs and by impeding the free exchange of currencies.
The current methods of communication are a perfect way to explain the impact that modern communication has had on international relations. The use of cellular devices, fax machines, satellites, and internet based communications such as emails and instant messages are all massive sources of communication that gets information transported from one person to another-regardless of distance-within minutes. There are also disadvantages of such factors. In other countries modern communication enable some individuals to get alternative information and opinions which is usually readily available. Another problem with massive communication is that in some cases it's for granted and greeted with suspicion. This comes into play when people misuse the internet and develop websites in an effort to scam people for money.
Economic globalization is one of the more interdependent factors that brings the world together and function on a productive level. Several of the basic points are related to trade, investments, and monetary relations. Both national and international trading goes on all over the world. For example, China and the United States may both have products that they trade between each other because their country does not manufacture that particular item. The two nations are interdependent of one another because they both have goods that they rely heavily on each other for which is how trade developed. The other basic aspect is the monetary exchange. The text states to accommodate the globalization of money, a parallel globalization of financial services, such as banking (Rouke, 1989). To better explain this concept the example states that in recent decades banks have grown from hometown to national to multinational enterprises and have expanded their operations beyond traditional banking to include many financial services such as issuing credit cards, providing venture capital, offending insurance, and maintaining brokerage houses and other investment functions.
Cultural globalization is the last key significant factor that makes the world function as it does. Due to the early development of different languages, customs, and other aspects of the world cultures resulted from the isolation of groups of people from one another. Language is one of the most important aspects of converging culture-which is English. This is also the common language of business, diplomacy, communications, and culture. As the text states, the most important source of common culture is the potential consequences of cultural amalgamation. All in all culture is a positive force that brings both people and political units together (Rouke, 1989).
Does globalization increase national identity? Globalization increases national identity because the countries become well known to one another solely based on services or products that become world wide. As a result other countries will reach out to one another to join the bandwagon which is beneficial to both parties. For example, China produces great products such as Levi jeans at a discounted rate. The United States would be more likely to start purchasing their jeans from China. Being that Canada and the United States are in close affiliation with one another, it would be no surprise if Canada also began purchasing jeans from China as well. This example serves the purpose of explaining how one county uses another for services which brings in turn may cause other countries to start using that country for its goods and services. Both Canada and the United States would benefit because The United States would get the jeans while China brings in the revenue. China will also benefit more because Canada and other nations may want to start purchasing their products as well. In addition to bringing in more money China could also regulate the prices of the jeans depending on supply and demand. Fragmentation among the states and communities could also be created if the states and communities were selling the same products. Conflict would arise because they would be in competition with each other. Prices of the services and products would constantly be regulated in an effort to have the lowest price-this could actually cause both states to generate less revenue. On a side note, states and communities may not create fragmentation because they purchase their goods and services from the same supplier.
Globalization is mainly beneficial to the wealthier countries because they bring in revenue. Referring back to how globalization has a positive impact on national identity because it makes the other countries want to work together. As a result, more countries tend to work together which brings in more money. The wealthier countries like The United States and Europe would definitely benefit the most because they are known world wide for their productivity. Other countries become more familiar with these nations and joined the bandwagons which continues to give these nations more power and revenue.
In a globalized world, who gets left behind? The countries that don't have much to offer or contribute are usually the ones that get left behind because they don't have products or goods that the other countries want or need. Therefore these countries are not really interdependent of each other because they don't have anything to offer in the first place. The developing countries, in addition to the poor countries are under similar circumstances because neither of the two are financially stable enough to help another country, especially considering the fact that they can barely maintain their own country so there is no way possible that they would be in a situation where they could afford to help.
There are many advantages and challenges that comes with the globalization territory. Depending on if globalization has had a positive impact on the country or not, the views vary. The major benefit of globalization is that the country gains control, power, and revenue. In this case globalization is a huge success because the country has the upper hand over the other countries. The major challenge that living in a globalized world is that everyone may not receive a fair trade. Countries may have conflict in regards to who generates the most revenue which in turn says that that particular country holds the most power.
Overall without globalization the world would not function as smoothly as it does. It is a process of the integration of communications and transportation national economies, and human cultures across national boundaries. I hope that you have a better understanding of globalization and how it has made the world become a much more interdependent and interconnections. More importantly, globalization has proven to be a key factor in many countries and their success.